​A Master 2 program in Paris city center

The Master 2 MMMEF (Modélisation et Méthodes Mathématiques en Economie et Finance) is a Master's program in English, delivered at Université Paris 1 Panthéon-Sorbonne, in partnership with ENSTA. This program aims at traininghigh levelspecialistsin (i) financial mathematics and financial engineering, (ii) mathematical economics and game theory, and (iii) optimization, control and operations research.The program is divided into 3 majors (see below) which are interrelated, both in terms of the mathematical tools and concepts involved, and practical applications in the industry.Thecourses* cover a large range of mathematical techniques going from classical analysis, to probability, to optimization, to decision making, and cover both theoretical aspects and practical applications. Accordingly, many fields are taught, such as functional analysis, differential equations, dynamical systems, optimal control, stochastic calculus, statistical inference, differential topology, non-differentiable analysis, convex analysis, combinatorial optimization, numerical methods, etc.*some courses are given jointly with ENSTA and with the Master's program APE (Paris School of Economics).

​Three majors​

The "Quantitative Finance" major is dedicated to students who wish to be taught high-level knowledge in stochastic calculus and financial modeling. "Quantitative Finance" graduates often start their career in the financial industry (investment banks, asset management companies, hedge funds, etc.). They can also apply for a PhD program.

The "Optimization and Control" major is dedicated to students who wish to be taught high-level mathematical knowledge in optimization and operations research. "Optimization and Control" graduates often start their career with quantitative positions in services industries. They can also apply for a PhD program.

The "Mathematical Economics, Games and Decision" major provides high-level academic knowledge in mathematical economics, game theory, and decision theory. "Mathematical Economics, Games and Decision" graduates often start their career in economic institutions or in the banking industry. They can also apply for a PhD program.

Living as a Master 2 MMMEF student​

Most courses of the Master 2 MMMEF take place at Maison des Sciences Economiques (some courses are given at ENSTA).The program starts with a two-trimester period of courses. Students can then start an internship or carry out academic research and write a Master's thesis.For more details, see the dedicated page: Curriculum.